Analysts Warn Bitcoin Could Drop to $86K as Bearish Wedge Forms

Bitcoin's bearish rising wedge pattern near $94,000 threatens decline to $86,000 support zone if $92,000 breaks, while whales accumulate between $90,000-$92,000 amid sell walls at $95,000 and critical resistance at $98,300 Short-Term Holder cost basis.

Source: cryptonews.com

Related symbols: BTCUSD